USERS

Within Cash Management online account access, businesses can create multiple users to share the workload of managing financial information and transactions. By enabling the Manage Users feature, rights can be assigned by Transaction Types; to Draft, Approve, and Cancel transactions; and to manage templates, recipients, and users.

ELECTRONIC BANKING PRODUCTS & SERVICES

Cash Management Service offers companies the convenience of instant access to online account information anytime from anywhere. Our online cash management product delivers detailed account transactions and the capability to export financial data into companies’ accounting program. It also gives the ability to manage daily cash positions throughout the day to identify funding requirements or investment opportunities.

Controlled Disbursement: Control your daily cash flow with early-morning notification of your funding requirements that identifies checks that will post to your account at the end of the day.

Lockbox: Accelerate the collection of your receivables by reducing mail and payment posting time, to increase your average collected balance.

Zero Balance Accounts (ZBA): Centralize cash control into one concentration (parent) account from various demand deposit (subsidiary) Manufacturers Bank accounts. Excess balances moved from subsidiary accounts into the parent account can serve as a centralized pool from which all linked accounts are funded.

FRAUD PREVENTION SERVICES

Positive Pay and ACH Block with Filter(s) services provide businesses with an additional layer of security by authenticating the integrity of presented checks and incoming ACH transactions. Our fraud prevention services give businesses the ability to review “exception items” and make the decision to pay or return.

Positive Pay: Upload check issue files online. Our account reconciliation system will compare the check serial number and amount on the file you provide against the checks being presented for payment.

Payee Positive Pay: Similar to Positive Pay, this service adds the Payee to the check issue file, which helps to detect alterations to the check Payee.

ACH Block Filter(s) Service: Using a customer-defined list of preauthorized originators, the service specifies the type of transactions (credit, debit, or all) and entry class codes of permitted transactions with an option to specify amount. All unauthorized ACH transactions will be presented to the customer for a pay or return decision.

REMOTE DEPOSIT CAPTURE (RDC) SERVICE

Remote Deposit Capture provides businesses the ability to deposit checks from their office to their designated Manufacturers Bank checking account(s). The desktop scanner captures a check image and virtually endorses the back of each check. After all deposit items are captured, the information is securely transmitted to the bank.